Softcare Limited

樂舒適有限公司 Softcare Limited is a company based in the Cayman Islands and plans to list on the Hong Kong Stock Exchange (HKEX) through an IPO. Softcare Limited is an international hygiene products company that specializes in the development, manufacturing, and sale of baby and feminine hygiene products, including diapers, pull-up pants, sanitary napkins, and wet wipes. The company focuses on fast-growing emerging markets, particularly in Africa, Latin America, and Central Asia. The company's brands include Softcare, Maya, and Cuttie, which have high brand recognition and repeat purchase rates. Softcare Limited has facilities in multiple African countries including Ghana, Kenya, Senegal, Tanzania, Zambia, Cameroon, Uganda, and Benin, with a total design capacity of 5.578 billion diapers, 352 million pull-ups, 2.569 billion sanitary pads, and 6.227 billion wet wipes per year. The company's revenue comes primarily from the sale of baby diapers, with other revenue from sanitary napkins, baby pull-ups, and wet wipes. The company's revenue for the past few years are 320 million USD (2023), 411 million USD (first nine months of 2024) and 334 million USD (first nine months of 2024). Net profit for the same period are 18.39 million USD, 64.68 million USD and 72.282 million USD.